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NEW ZEALAND'S POSITION.

PREFERENCE AND THE MAXIMUM. . .The above; cablegram, says "Australia," but presumably New Zealand as a. Dominion : also giving : preference, to the" Motherland,wilTf also' .come 'under the maximum; clauses' of the United - States'; tariff. In this respect Canada, 'Australia, , arid New Zealand' seem\to: be, in . the' same boat, but Canada is doubly in it, for\ Canada has. a ■ reciprocity treaty with 'Franco as well'.as.giving(preference'■'.to Britain. ' In .'point, of; vie# of l tHe : volume of-, trade, .Canada; will,: of eufFeri under the United: States maximum duties far . more'' than.: Australia and.' New Zea-' land. The; Toronto : cori'espondent , 'of "Tho Times" writes ■ ; United States tariff; by Sections: of paragraph 829; .provides'that from and after March 31,;.1910, there shall be levied, collected;- and paid on all . articles .when imported; from,.any foreign country.-into the United States .the rates of duty pre-, scribed by the .schedules, and, in . addition thereto.. 25- per ■>cent.,.-.which-''.rotes, shall constitute the general tariff of the United States...' '■■ !='■', : aftor that date, and so long thereafter as the President shall bo satis;fied,'. in' view: of tho '*character of .the concession granted l by; the' minimum tariff of: the United: States, that' tho. Government of-:'a-ny foreign country imposes noVterms orrrestrictions, ho'may issuo a 'proclamation 'to this', and .- thereafter,' all. articles .when imported into the United States :or' any of:'its from such foreign country 'shall be admitted .under the terms 'of the. minimumtariff. -, "Tho.. soriou's-.-feature.';! of'' the; situation will be ';tho' application: to Canada' of the maximum schedule of the Payne tariff on account of'.the British:, preference: and the French treaty.".; V : " ■' "If Canada is subjected to' tho general 'American ; tariff,-;the maximum Canadian duties .probably; will become operative against the . United. States.";.; , : ;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19100121.2.33

Bibliographic details

Dominion, Volume 3, Issue 721, 21 January 1910, Page 5

Word Count
280

NEW ZEALAND'S POSITION. Dominion, Volume 3, Issue 721, 21 January 1910, Page 5

NEW ZEALAND'S POSITION. Dominion, Volume 3, Issue 721, 21 January 1910, Page 5

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